BiggerPockets Real Estate Podcast

2024's Biggest Opportunities (and Risks!) in Real Estate Investing

Aug 7, 2024

Ashley Kehr, a real estate innovator, and Henry Washington, a savvy investor, dive into how they're thriving in 2024's challenging market. They reveal strategies for finding undervalued properties and share their success with quick flips raking in $50,000 profits. Henry spills his secret on increasing rents by up to 50%, even in a tough landscape, demonstrating how patience can lead to significant cash flow. Their insights are a roadmap for investors aiming to seize opportunities and navigate risks with confidence.

56:11

Creator website

Episode guests

Henry Washington

Ashley Kehr

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Highlights

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Quick takeaways

Current real estate investors are shifting from buy-and-hold strategies to flipping properties to capitalize on higher profit margins despite economic uncertainty.

Diligent market research and analysis, including tracking comparable sales and property market performance, are essential for making informed and profitable real estate investments.

Building strong relationships with reliable contractors enhances project efficiency, allowing real estate investors to scale their portfolios while managing renovation processes effectively.

Deep dives

Shifting Real Estate Strategies

Current market conditions have prompted a significant shift in real estate investing strategies, particularly towards flipping properties. Investors once focused on buy-and-hold methods are now exploring flipping due to potential profit margins available in today’s climate. Increased interest rates and stagnant markets have led to many investors reassessing their approaches, including Ashley, who began flipping this year to capitalize on her contractor’s reliability. By leveraging relationships with real estate agents for pocket listings and conducting thorough market analysis, investors are managing to secure profitable deals even amidst economic uncertainty.

Maximizing Rental Income through Creative Strategies

03:20

Maximize Collaboration for Cost-Efficiency

01:02

Price Wisely, Sell Easily

00:59

Intro

2min

Navigating Real Estate: Trends and Strategies

6min

Maximizing Time and Efficiency in Real Estate Investments

5min

Flipping Strategies and Networking in Real Estate

19min

Maximizing Real Estate Cash Flow

10min

Navigating Creativity in Real Estate Investment

4min

Real Estate Insights and Lighthearted Banter

10min

Want to make money in real estate investing, EVEN during 2024’s harsh housing market? It’s easier than you might think—and we’ve got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they’re doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices.

From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we’re showing investors can make more money than ever before, no matter the market.

First, Ashley and Henry tell us about the deals they’ve been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we’ll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips!

Finally, Dave spills his secret on how he’s increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you’ll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too!

In This Episode We Cover:

The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow

Quick house flips and how to make five-figure profits even if you’re a hands-off investor

How to find off-market listings THROUGH your real estate agent

Henry’s foolproof buy box for house flips with the biggest buyer pool

Why you should NOT overlook Section 8 rentals (huge jumps in rents)

And So Much More!

Links from the Show

Find Your Next Investing Market with BiggerPockets Market Finder

Let Us Know What You Thought of the Show!

Find an Investor-Friendly Agent in Your Area

See Ashley, Dave, and Henry at BPCON2024 in Cancun!